U.S.

A U.S. federal judge blocked the government from restricting U.S. investment in Chinese electronics manufacturer Xiaomi.  What Happened: Judge Rudolph Contreras temporarily blocked the Department of Defense from imposing restrictions on U.S. investment in the Xiaomi Corp (OTC:...

The Past Week, In A Nutshell What Happened: Last week ended negative with mega-cap and technology stocks regaining strength into week-end. Remember This: “Markets had embedded substantial optimism in early September, with the valuation of the S&P 500 at the highest level in 20 years and...

Chinese airlines can continue operating four scheduled passenger flights per week to the U.S. after the Department of Transportation on Monday lifted earlier restrictions on air access over a dispute with China about the treatment of U.S. airlines. The DOT modified a June 5 order limiting Chinese...

The market isn’t expecting any drastic changes to U.S. monetary policy this week from the FOMC. Even if the Fed decides not to raise interest rates, the outlook for U.S. monetary policy and European monetary policy continues to diverge. Just last week, Europe cut its main interest rate to 0...

Last week, representatives from both the United States and India met to discuss how the two nations could work together to fight back against the growing community of cyber criminals. The meeting, called the U.S.-India Cyber Security Dialogue, gave both sides a chance to present their views on the...

Alibaba.com is big. From a transaction volume standpoint, $240 billion big, according to Wall Street Journal sources. That’s twice the size of Amazon (NASDAQ: AMZN) and three times the size of eBay (NASDAQ: EBAY). From a revenue perspective, however, Alibaba’s nearly $8 billion in 2013 revenue...

Sources told The Information that Google (NASDAQ: GOOG) executives recently discussed the possibility of offering a full-fledged wireless service in areas where Google Fiber Internet and TV exist. The service would reportedly make Google a mobile virtual network operator (MVNO), by which Google...

As Tesla (NASDAQ: TSLA) continued its march to open company-owned showrooms in as many states as possible, the real drama surrounded one question: Which state would get the company’s $5 billion Gigafactory for lithium ion batteries? According to Jalopnik, along with other sources including The...

As if Yum! Brands (NYSE: YUM) Taco Bell trying to muscle in on breakfast wasn’t enough, traditional rival, Burger King (NYSE: BKW) has entered the ring and is stealing customers from McDonald’s (NYSE: MCD) in the U.S. So said Brian Sozzi of Belus Capital Advisors on Jim Cramer's The Street...

Fast food king McDonald’s (NYSE: MCD) is fighting back against Taco Bell’s well-publicized launch into the $50 billion breakfast market in at least two ways. First, the company tweeted a photo of Ronald McDonald petting a Chihuahua -- the Taco Bell mascot -- with the caption,...

Wal-Mart Stores (NYSE: WMT) have filed a lawsuit against Visa (NYSE: V) claiming more than $5 billion in damages for what Wal-Mart claimed were unreasonably high interchange fees Visa charged the retailer. In the lawsuit Wal-Mart claimed Visa conspired with banks to fix so-called “swipe fees”...

After April 8, ATMs worldwide could be vulnerable to cyberattack. That’s because April 8 is the last day Microsoft (NASDAQ: MSFT) said it would provide regular tech support for Windows XP, which according to Hareetz.com is the software behind 95 percent of the world’s ATMs. Microsoft declined...

U.S. baby boomers have found themselves in a bit of a squeeze. Not enough savings to fund retirement, but a desire to slow down and either work less -- or not at all. The answer, for an increasing number of boomers, is a vehicle known as a reverse mortgage. This trend is predicated on the...

Sixteen of the world’s largest banks were sued Friday by the Federal Deposit Insurance Corporation (FDIC) for fixing the London interbank interest rate (Libor). According to the FDIC, the move cost smaller, failed American banks such as Washington Mutual, IndyMac and Colonial money. Bloomberg...